Returns the calculated depreciation allowance on an asset at a specific period of time using the fixed declining balance method.
Syntax:
DB( cost:Number, salvage:Number, life:Number, period:Number, {, month:Number} )
where:
cost | is the original value; |
salvage | is the value at the end of the life; |
life | is the number of periods for which you want to calculate the depreciation allowance; |
period | is the period for which the depreciation is being measured; |
month | is the number of months in the first year. Default is 12. |
Revisions:
This function was added in Fireworkz 2.00.